Sequential age replacement policy;
Finite-time horizon;
Approximation;
RENEWAL FUNCTION;
D O I:
10.1016/j.ress.2009.01.003
中图分类号:
T [工业技术];
学科分类号:
08 ;
摘要:
It is difficult to find the optimal solution of the sequential age replacement policy for a finite-time horizon. This paper presents an accurate approximation to find an approximate optimal solution of the sequential replacement policy. The proposed approximation is computationally simple and suitable for any failure distribution. Their accuracy is illustrated by two examples. Based on the approximate solution, an approximate estimate for the total cost is derived. (C) 2009 Elsevier Ltd. All rights reserved.